Today’s post will be short and to the point. We have been in a wonderful bull market since March of 2009. We have had a few pull-backs along the way but largely, being long and “checked-out" with regard to allocations and exposures has been rewarded.

The average person in America spends $1100/year on coffee – it’s probably higher if you count coffee at home. That’s $11,000 spend over 10 years. Let’s also assume you get a muffin or some other food so your spending on “other things at Starbucks” is also $1100/yr or $11,000 over 10 years.

2017 has largely been a terrific year for equity investors. For the last few years, we at Accuvest have been pounding the table for U.S. investors to shift some U.S. exposure towards international and emerging markets. Those who took that advice have been rewarded handsomely.